On June twenty seventh, the Chinese language media outlet Beijing Enterprise Day by day printed an article titled “Bitcoin’s Hovering Market Triggers Unlawful Hypothesis Actions, OKX Resorts to ‘Oblique’ Advertising and marketing.”
Beijing Enterprise Day by day reporters observed a resurgence in speculative actions associated to digital forex buying and selling, following Bitcoin value climbing above the $30,000 mark.
The reporters noticed that platforms similar to OKX have been operating ads on sure cryptocurrency web sites, providing “free Bitcoin upon registration.” Upon investigating additional, the reporters discovered that clicking on the advert would redirect them to Okex’s buying and selling platform. Customers may register an account and endure id verification to proceed with buying cryptocurrencies similar to Bitcoin. Nevertheless, as of the time of reporting, the commercial had been taken down.
Other than illicit advertising and marketing actions by exchanges, scams and unlawful fundraising schemes disguised as digital forex ventures proceed to proliferate. In response to this, the Folks’s Financial institution of China lately issued warnings titled “Watch out for Dangers Associated to NFTs and Metaverse Hypothesis” and “Say No to Unlawful Monetary Actions in Digital Forex (crypto or digital asset) Buying and selling Hypothesis.” Analysts consider that buyers should stay vigilant, improve danger prevention consciousness, and actively keep away from speculative actions similar to digital forex buying and selling to keep away from falling into associated unlawful and prison traps.
